Seeing an eye care provider through a merger with technical accounting support

Key results:

Ran accounting process for pre-close reorganization
Supported through external audit

Value levers pulled:

Financial statement preparation and analysis
Special situation support
Audit preparation

Picture this...

You’re a conglomeration of multiple eye and vision care services providers about to be formally organized into one entity. Your accounting processes operate as different functions, do before you close the deal, you need a plan to integrate.

You turn to Accordion.

We provide dedicated support for pre-close reorganization, including:

Preparing managements’ schedule of adjustment and providing oversight and accounting support.
Assisting with preparation of tax return with push down of consolidation entries to the correct legal entities for pre-acquisition activity.
Closing and opening balance sheets.
Supporting balance sheet audits and documenting balance sheet adjustments as audit back-up for external auditor review.

Your value is enhanced.

You’re ready to close. You successfully achieve the accounting processes of a pre-close reorganization with journal entries to adjust the B/S of all entities, reflect 3rd-party valuations and NWC adjustments, including writing the technical memo to support purchase price allocations. You also get a consolidated Closing and Opening B/S prepared, as well as support through the auditor’s review of the transaction.

Enhanced value:

You reap multiple benefits, including:

Ran accounting process for pre-close reorganization
Supported through external audit